That looks fine save that, if the bonus and taxable savings etc income together is more than £33400, you would have the Pension Annual Allowance restricted below £40k of course as your total income would exceed £150k.

In the current climate (see BBC!) I would be astonished if your employer will go out of its way to help you avoid income tax with some contrived arrangement.

Unfortunately I suspect your better options are to:

- suck it up;- suggest to your employer that you reduce your hours to take you out of that marginal band; or- suggest that your employer give you a pay rise so that on a net basis you are appropriately incentivised, given your confiscatory marginal tax rate.

Please note the web address on my link. If this method of avoiding tax is contrived, then it has been contrived by our government.

I don’t think this works for the OP. The problem he[?] has is that the marginal rate of tax at his income level is >60%. Investing in VCTs or EIS gets (IIRC) a flat 30% tax rebate. It doesn’t alter your taxable income as say salary sacrifice does. That is what the OP needs to do.